Turkey has bilateral and multilateral agreements: this is one of the results of the eurasian Union`s painstaking work in signing free trade agreements with the countries concerned. Such agreements strengthen EAEU`s positions in the regional and global economy and promote market expansion for economies. However, the signing of such documents is not the objective of the EAEU as such. The fact is that they offer mutual benefits. The eurasian Commission`s gradual experience allows it to clarify the interests of its Member States and to neutralise risks to domestic producers when signing preferential trade agreements. This practice continues. The Eurasian Economic Union, composed of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, has concluded free trade agreements, see below. Full multilateral agreements (not listed below) see: List of multilateral free trade agreements. EFTA  has bilateral agreements with the following countries – including dependent territories – and blocs: Switzerland (which has a customs union with Liechtenstein, which is sometimes included in agreements, [citation necessary]) has bilateral agreements with the following countries and blocs: The People`s Republic of China has bilateral trade agreements with the blocs , countries and their two specific administrative regions: list of agreements between two states, two blocs or one bloc and one state. List of agreements being negotiated.
Agreements that have so far been discussed only in the absence of formal action by the parties concerned are not mentioned. It is a list of free trade agreements between two parties in which each party could be a country (or another customs territory), a trade bloc or an informal group of countries. Afghanistan has bilateral agreements with the following countries and blocs. The agreement takes due account of the experience gained in working on documents already signed and also covers potential business risks. During the negotiations, special attention was paid to products sensitive to the EAEU market. The agreement with Singapore was the third document of its kind signed by the Eurasian Union with third countries. The issue of establishing a free trade agreement with China has been debated for many years, since 2006, when Beijing first proposed it to the countries of the SOCIAL ORGANISATION. The EAEU has taken a cautious stance, as “the main risk is that China`s economic power will make China the main beneficiary of the tariff reduction; That is why we want to see first how a non-preferential agreement will work. At the same time, Vietnam wants to expand its trade with the EAEU. In his speech at the Eastern Economic Forum in September 2019, Vietnam`s Deputy Prime Minister, Trenh Dinh Dung, proposed a further reduction of customs barriers to improve opportunities to exploit his country`s economic potential… . The agreement, which complies with WTO standards, will enter into force 60 days after Parliament`s amendment of the last EAEU member. The EAEU-Singapore Free Trade Agreement was signed at the EAEU summit in Yerevan on 1 October 2019.
The document was the first step towards the creation of a comprehensive free trade area between the Eurasian Economic Union (EAEU) and Singapore and will govern not only trade in goods, but also trade in services and investment conditions. Serbian Prime Minister Ana Brnabic and the Prime Ministers of Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan, as well as UAE Board Chairman Tigran Sargsyan, signed the Free Trade Agreement between Serbia and the Union on 25 October 2019 in Moscow.